Investorideas.com - Water Stocks News; Upgraded Design of Wescorp's (OTCBB:WSCE) Mobile H2Omaxx Unit Increases Capacity to 10,000 Barrels Per Day
CALGARY, ALBERTA - August 6, 2010 (Investorideas.com Water Stocks Newswire) - Wescorp Energy Inc. (OTC.BB:WSCE), a clean water technology company focused on implementing its low-cost solutions into several markets, including the oil & gas and marine industries, has upgraded the design and increased the capacity of its H2Omaxx mobile hydrocarbon water remediation unit currently in production.
In March, Wescorp announced it had entered into an agreement with K-Line Trailers Ltd. (www.klinetrailers.com) for the design and construction of a mobile 3,000 barrel-per-day commercial grade H2Omaxx unit. K-Line, a Vancouver-based specialty equipment design and fabrication company, is now building instead the next generation self-contained, mobile H2Omaxx unit. The new 10,000 barrel-per-day unit is designed to be rapidly transported to remote locations.
The design phase of the increased capacity new unit is now complete; fabrication has begun, and Wescorp expects to take delivery of the new unit by the end of September. Upon completion of the commissioning phase, the unit will be available to be marketed for potential customer sites, initially in Western Canada. Wescorp also intends to market the unit's services in the Gulf of Mexico area.
Robert G. Power, Executive Chairman of Wescorp, stated, "We expect that testing and commercial operations of this larger unit will demonstrate that increasing the capacity of H2Omaxx does not diminish its effectiveness, but instead increases potential applications. Operationally, the mobile unit is designed to be easy to use and to quickly and efficiently process larger volumes of hydrocarbon-contaminated water."
This mobile, 10,000 barrel-per-day unit is designed to be rapidly placed on sites for the purposes of demonstrating the technology and for use for short-term commercial operations. The unit will have its own storage, separation and containment tanks, micro-aeration generators, and firmware and computer automation technology to allow water remediation with minimal human supervision.
Benefits of H2Omaxx Technology
Use of H2Omaxx will provide important cost benefits to the operator when compared with the traditional multi-technology approach to remediate water. H2Omaxx will lower both the operator's capital costs and operating costs significantly. Further, H2Omaxx is designed to introduce new revenue through the capture of barrels of oil for sale that would otherwise be subject to disposal.
In earlier tests and demonstrations, H2Omaxx has been proven to be a safe, effective, economical and environmentally friendly process for cleaning and separating oil and solids from water. Using Wescorp's nano-aeration technology, independent test results have shown it can reduce the oil content in produced water to less than 10 parts per million without the use of chemicals, filters or heat.
About Wescorp
Wescorp Energy Inc. (www.wescorpenergy.com) is a clean water solutions company focused on implementing its superior yet low cost solutions into the oil and gas production industry.
Safe Harbor Statement
Any statements contained herein that are not historical facts may be forward-looking statements, and involve risks and uncertainties. Potential factors could cause actual results to differ materially from those expressed or implied by such statements. Information on the potential factors that could affect the Company's actual results of operations is included in its filings with the Securities and Exchange Commission. These risks may be further discussed in periodic reports and registration statements to be filed by the Company from time to time with the Securities and Exchange Commission in the future.
Investor Relations Contact:
Bibicoff + MacInnis, Inc.Terri MacInnis, Dir. of Investor Relations818-379-8500terri@bibimac.com
Visit the WSCE showcase profile at Investorideas.com Request News and Info on WSCE
Disclosure, Disclaimer/ WSCE is a paid advertising client on Investorideas.com and our water and renewable-energy portals (twenty five hundred from 3rd party plus stock options at .25)
More Info:
Published at www.Investorideas.com - Global research by sectors
If you have any questions regarding information in this press release please contact the company listed in the press release.
More water stocks info and water stocks research resources for investors:Visit the water stocks directory, one of the most comprehensive water stocks directory online- Publicly traded water companies on global stock exchanges:
Investorideas.com and www.Water-Stocks.com are positioning to be a leading destination for cleantech investors researching the water space.
No comments:
Post a Comment